Tesla Model 3 sedan could wind up being substantially much safer than the average car presently on the road, as per Morgan Stanley expert Adam Jonas. And client preferences recommend that level of safety will be a significant driver of sales, he included. “We think the Model 3 will include hardware and software that supply

Tesla Inc stated on Friday it had raised about $1.2 billion, approximately 20 percent more than it had planned, after selling common shares and convertible debt, prior the launch of the vital Model 3 sedan. The automaker, led by Elon Musk, stated it sold 1.3 million common shares at $262 each to raise $350 million

Tesla shares decreased on Monday after a downgrade by Goldman Sachs, bringing the automaker’s decrease to 11 percent since its quarterly report recently stired stress over how much cash it is utilizing to release its Model 3 sedan. Issues that Tesla’s Model 3 production this year shall be delayed, as well as expectations the automaker

SolarCity Corp has concurred to Tesla Motors Inc’s $2.6 billion offer to purchase the solar panel installer, the company stated, clearing one barrier in the way of Elon Musk’s enthusiastic prepare for a carbon-free energy and transport company. Tesla’s offer represented about half of SolarCity’s value a year earlier, a tumble showing the solar company’s

Tesla CEO Elon Musk released his “master plan part 2” on Wednesday night that revealed a comprehensive vision for his companies including brand-new future Tesla cars, car sharing, urban planning concepts, and a combined SolarCity and Tesla that would offer solar panels and batteries. Musk, who is the largest shareholder in both Tesla and SolarCity,

Electric automobile maker Tesla Motors revealed on Wednesday that it has now accelerated its car manufacturing plans by two years, showing how the company wants to invest even more cash into aggressively growing, while potentially compromising earlier earnings. Tesla had planned making 500,000 cars– consisting of the Model S, Model X and Model 3– by